New and resale Spanish property transactions see surge in April
Home sales in April of this year increased by 31% compared to the same month last year, according to new figures released by the National Institute of Statistics (INE).Following a slower month of sales in March, a total of 37,930 Spanish home sales were inscribed in the Spanish Land Registry in April, 42,041 including subsidised homes. While the land registry publishes figures with a one to three month delay, the Association of Spanish ...
6 Steps to Buying Off-plan Property in Spain
New-build homes offer the latest designs, building processes, style and quality, and it is not surprising that off-plan property is gaining momentum on the Spanish property market.Are you thinking of buying an off-plan property in Spain? Read our step-by-step guide on how to avoid pitfalls that can save you money, time and energy:1. Hire a Qualified and Registered LawyerWe cannot stress enough the importance of hiring a qualified lawyer to ...
Spanish prices are increasing at a steady and moderate pace, according to INE
The Spanish property market continues on a steady trajectory of improvement across the board, albeit with variations in value and speed from region to region, according to the latest Spanish house price index published by the National Institute of Statistics (INE).The INE index is based on home sales inscribed in the Spanish Land Registry by autonomous region, rather than on valuations or asking prices like other less convincing indices. ...
The Costa del Sol’s Luxury Property Market will Exceed €400 million in Value in 2018
Luxury property situated in the "Golden Triangle" in the South of Spain which encompasses Marbella, Benahavis and Estepona is forecasted to exceed over €400 million in value by the end of the year.The market reached a total net worth of €350 million in 2017, and a new report by the Association of Businesses for High Quality Housing expects the figure to increase by as much as 20-25% by the end of 2018 to between 400 and 440 million ...
CBRE foresee years of sustainable increases in Spanish property prices
Property values in cities like Madrid, Valencia and Malaga are expected to go up by as much as 10% by the end of 2018, according to a new report by industry experts CBRE.Amid a flurry of positive reports by property analysts, CBRE foresee a steady upward trajectory for the Spanish property market. Backed by national and international demand surpassing supply in a flourishing economy, property prices are expected to continue to increase in ...